Battery Minerals Limited (“Battery Minerals”) is an Australian Securities Exchange (ASX) publicly listed Australian company with a tenement EL6871 within the Stawell Gold Corridor of Victoria, Australia.
The company also has two world-class graphite deposits in Mozambique, being Montepuez Graphite Project and Balama Central.
Battery Minerals has acquired EL6871 in the Victorian Goldfields. Within the Stawell Gold Corridor the licence contains the historical Moyston Gold mine which produced 75,000oz at 22 g/t Au, as well as numerous historical gold workings coincident with prospective second and third order fault splays associated with the Moyston Fault. The exploration licence is also approximately 7km from the rich Stawell gold mine which has produced +5Moz of gold. The 809km2 licence covers +40km strike of the highly prospective Mount Stavely Volcanics as well as a +40km strike length of the adjacent Stawell Gold Corridor.
Battery Minerals Limited has two world class graphite deposits in Mozambique; being Montepuez Graphite Project and Balama Central. Battery Minerals completed a Definitive Feasibility Study (DFS) on the Montepuez Graphite Project, released to the ASX on 15 February, 2017 which outlined the project’s highly favourable economics. Balama Central is Battery Mineral’s second graphite project in Mozambique. The Balama Concept Study found the project could produce the higher value very coarse flake size, with over half classed as large and jumbo flake graphite grading 97% total graphitic carbon. The combined Mozambique Graphite projects have the potential to produce in excess of 150,000 tpa of high-quality flake graphite.